Eleanor Roosevelt Quotes


We are given in our newspapers and on TV and radio exactly what we, the public, insist on having, and this very frequently is mediocre information and mediocre entertainment.


Citations

Roosevelt, Eleanor. You Learn by Living: Eleven Keys for a More Fulfilling Life. Harper & Brothers, 1960.

Related Quotes

This quotation appears to be typical of critics’ complaints about modern media and political reform movements lowing their standards and just trying to provide entertainment for the masses. The reason that it is noteworthy is that it was written in 1909. It is typical of the same class of complaints of 100 years later.


An economic bubble occurs when the investing public with little logic and facts to support it actions exhibits great enthusiasm and overvalues some kind of asset with the logic that the price is going up and someone later will pay more than I just did—sometimes called the “greater fool theory”. Historically Fama claims that there were no bubbles until there were media to whip up the irrational enthusiasm necessary for a bubble to take place. Capitalist history is full of bubbles ranging from real estate, to tulips; from silver to dot com shares. The damage is always great to the people at the end who are stuck with the object of the bubble which few people want any more. In the period before the bubble, lots of people make money contributing to the demand for the object of the bubble.


Eleanor Roosevelt
Eleanor Roosevelt
  • Born: October 11, 1884
  • Died: November 7, 1962
  • Nationality: American
  • Profession: First Lady

Anna Eleanor Roosevelt was an American political figure, diplomat and activist. She served as the First Lady of the United States from March 4, 1933, to April 12, 1945, during her husband President Franklin D. Roosevelt's four terms in office, making her the longest-serving First Lady of the United States. Roosevelt served as United States Delegate to the United Nations General Assembly from 1945 to 1952. President Harry S. Truman later called her the "First Lady of the World" in tribute to her human rights achievements.